Travel

At least for the moment, American Airlines Group Inc (NASDAQ: AAL) can hide from the spotlight and refresh. The market’s caught wind of industry problems far bigger than rude attendants and binned pups. Recent fatalities on Southwest Airlines Co (NYSE: LUV) and Delta Air Lines, Inc. (NYSE:...

LaSalle Hotel Properties (NYSE: LHO) announced it has accepted a $3.7-billion all-cash acquisition offer from Blackstone Group LP (NYSE: BX), spurning a previous offer from Pebblebrook Hotel Trust (NYSE: PEB). The Blackstone deal amounts to a $33.50-per-share offer, lower than Pebblebrook’s...

Evercore ISI is refining its estimates on lodging companies in the wake of first-quarter earnings reports and raised its 2019 EPS estimates across the board.  The Analyst Evercore ISI’s Rich Hightower. The Ratings DiamondRock Hospitality Company (NYSE: DRH) was downgraded from...

As summer travelers begin breaking out the maps and weighing destinations, one analyst has a recommendation: Marriott Vacations Worldwide Corp (NYSE: VAC). The Rating Credit Suisse analysts Cameron McKnight and Ben Combes initiated coverage with an Outperform rating and a $146 price target. The...

Investors can find a lot to like about the timeshare industry, but that's doesn't mean every stock in the group is attractive, according to Credit Suisse. The Analyst Credit Suisse's Cameron McKnight initiated coverage of the following equities:  Marriott Vacations Worldwide...

TripAdvisor Inc (NASDAQ: TRIP) could face challenges due to Online Travel Agent (OTA) rationalization trends and a tough competitive backdrop, while valuation appears to be aggressive, according to Guggenheim analysts. The Analyst Guggenheim’s Jake Fuller downgraded TripAdvisor from Neutral...

The first quarter yielded soft gross margin profits for global distribution services (GDS), but one analyst remains hopeful for an accelerated gross profit growth rate. The Ratings Bank of America Merrill Lynch analyst John King upgraded Sabre Corp (NASDAQ: SABR) to Buy and raised his price...

Summer homes give you on-demand, comfortable living quarters when you want to get away. For some, they’re quite the luxury. And, you may have the wherewithal to afford the mortgages for these homes. However, as with many investment decisions, you should consider whether buying a vacation home...

It’s almost summer. If you’re lucky, you may have a trip abroad in the cards. Maybe you’re eager to experience different languages, food or nightlife. But, you’re probably not too excited at the thought of using a different currency. Accessing your funds abroad can certainly...

Deutsche Bank previewed the quarterly reports due from online travel agencies this week, including Booking Holdings Inc (NASDAQ: BKNG) and Tripadvisor Inc (NASDAQ: TRIP). The Analyst Deutsche Bank's Lloyd Walmsley maintains a Hold rating on Booking Holdings with a price target lifted...

Wyndham Worldwide Corporation (NYSE: WYN) recently announced plans to spin off its hotel group into a separately traded public company. The spin-off is expected to be completed in the second quarter of 2018. The company posted its first-quarter results Wednesday, showing an earnings beat and an...

American Airlines Group Inc (NASDAQ: AAL) intends to cut its business with SkyWest, Inc. (NASDAQ: SKYW) subsidiary ExpressJet, according to a Friday Bloomberg report. The news catalyzed a 5-percent selloff in SkyWest’s stock. Operating as American Eagle, ExpressJet has been flying an unknown...

Travel technology company Sabre Corp (NASDAQ: SABR) announced an expansion Tuesday of its existing strategic relationship with Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Web Services. The agreement underlines Amazon's dominant cloud positioning. The AWS business fetched Amazon 10.7...

With the online travel sector on deck to report earnings, D.A. Davidson is holding a bullish stance on just one of the stocks: Expedia Group Inc (NASDAQ: EXPE). The Analyst D.A. Davidson's Tom White: Maintains a Buy rating on Expedia with an unchanged $132 price target. Maintains a...

Controladora Vuela Co Avcn SA CV (ADR) (NYSE: VLRS), the parent company of low-cost Mexican airline Volaris, recently reported first-quarter results that showed a loss for the quarter, while its operating revenues were up merely 2.7 percent year-over-year. The results were hurt by...